GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
This query is : Resolved
Quick Summary
08 November 2024
I have two types of raw materials
i) I have received gst bill with my gstin
ii) supplier did not give gst bill with my gstin
Do I have to furnish details of both these categories above while filing gstr 3b regardless of making sales.
I do understand my ITC claim can be made only after there is sales.
Please help understand this.
i) I have received gst bill with my gstin
ii) supplier did not give gst bill with my gstin
Do I have to furnish details of both these categories above while filing gstr 3b regardless of making sales.
I do understand my ITC claim can be made only after there is sales.
Please help understand this.
08 November 2024
Yes, you need to furnish details of both categories of raw materials while filing GSTR-3B, even if you have not made any sales during the period. For GST bills with your GSTIN, report these purchases in the eligible ITC section of GSTR-3B and claim ITC whenever you're eligible.
08 November 2024
Thanks a lot much helpful. Will follow this when I file for November.
08 November 2024
You are welcome.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
